What is the correct way to enter a Bank Transaction that should update (reduce) the bank, but not have the transaction show in the check register? I have found to enter a Payment Journal: Leave the Document Type blank and leave the Bank Payment Type blank, and select Bank Account as the Balance Account Type.
This seems to work well as it reduces the Bank correctly and does not show up in the check register, but DOES show up in the Bank Ledger. It also updates the GL correctly.
However, when doing a Bank Rec, the transaction shows up as a Negative Deposit, as opposed to showing up in the Checks section.
Is this the expected behavior? Is there a better way to handle this?